Top Asia Crypto New from Sept 16-19

In our next episode of the podcast to be released this Saturday, Joyce Yang from Global Coin Research is joined by Taiwan Congressman Jason Hsu. Jason has been given the nickname “Crypto Congressman” by Vitalik Buterin.

Jason has worked as a tech entrepreneur before getting involved with politics. In 2016, he became an official legislator and member of parliament in Taiwan, focusing much of his attention on bridging the gap between public policy and technology. He has since introduced several initiatives around autonomous vehicles, cyber security legislation, digital economy laws, and is now focusing his attention on crypto and blockchain legislations.

In our conversation, we discuss the state of Crypto regulations in Taiwan, how Taiwan regulators are thinking about blockchain and how Jason sees Cryptocurrency and blockchain space to evolve in Asia. Stay tuned!

“Singapore BLockchain Week; Very few ICOs raising capital-even less investors. Everyone is in listening/learning mode, very few deals going on. Nothing like it was a few months ago in Korea. Many of the old funds have dried up and become advisors only. You can feel the bear market”. Cryptomanran twitter

The Japan Financial Services Authority discussed the status of encryption regulations, with only 3 of the 16 applicant companies were satisfied standards for review. Those are Coincheck,Lastroots, and Everybody’s Bitcoin. http://bit.ly/2MKGrrR

*China Media* China’s central bank has issued a new public notice, warning citizens of the dangers of cryptocurrency and ICO investing.

The Monetary Authority of Singapore believes that no tokens it has seen need to be regulatedunder its securities laws. http://bit.ly/2MM4qa3

The founders of a $1.45 billion investment firm and a dedicated blockchain fund are teaming up to launch a new cryptocurrency whose value would be pegged to the yen. Additionally, the financing round will be denominated in tether. http://bit.ly/2MNrNA2

Two of the biggest cryptocurrency exchanges in South Korea are requiring accounts to provide real names before allowing withdrawals in Korean won. http://bit.ly/2MKDebY

A growing number of crypto exchanges in India have announced the return of fiat deposit and withdrawal support despite the crypto banking ban imposed by the country’s central bank. http://bit.ly/2MKGnbN

Japan’s financial regulator has reportedly introduced new screening requirements for crypto exchanges seeking approval to operate in the country. Additional criteria are the assessment of the companies’ decision-making process and their links to antisocial groups. http://bit.ly/2MNeL5I

Regulation News

A fraudulent website has been soliciting investments in Bitcoins using fabricated commentsattributed to Monetary Authority of Singapore Chairman and Deputy Prime Minister.http://bit.ly/2MMzwym

Hackers stole the processing power of several Indian governmentwebsites to mine cryptocurrencies. http://bit.ly/2MN9sDv

South China’s Guangdong province, the largest provincial economy, now is the a hotbed for blockchain technology in the country with 11,022 blockchain firms.http://bit.ly/2MNeiAu

Police in Shanghai have arrested the suspects who posted the sale message on a dark web forum in an attempt to sell data of 130 million hotel guests for 8 bitcoins. http://bit.ly/2MLOuVd

Business News

Jupiter Chain and Deloitte have joined forces to develop a blockchain-based data exchange in Southeast Asia that will allow users to monetize their personal data. https://prn.to/2MLEtHB

SEADEX received approval for a business license from the Securities and Exchange Commission of Thailand and will be the first exchange in Thailand to offer fiat to crypto trading. https://prn.to/2MELNF7